Brundle to stand down from BRDC

Martin Brundle will stand down as Chairman of the British Racing Drivers' Club (BRDC), which owns the Silverstone circuit, at the end of the year after three terms in the position. The former F1 driver will be replaced by double Le Mans winner Ray Bellm at the start of next year.

"It has been a privilege to be the chairman of the board of the BRDC," said Brundle. "I am very satisfied with the achievements under my tenure regarding the development of Silverstone, the young driver initiatives, stability of the club and the future of the British Grand Prix but there remains much to do."

After three terms, Brundle has no choice but to step down under the Club mandate. "It is wise to have a calm handover of the chairmanship during the relative quiet of the off season," he said. "I am delighted that Ray Bellm has accepted the post and my thanks go to the members, my board, my club executives and staff and of course to the president, Sir Jackie Stewart, who has given invaluable help and advice to me."

Stewart acknowledged Brundle's contributions to the BRDC during his tenure as Chairman: "In challenging and changing times Martin made a major contribution to putting our club finances on a sound footing for the benefit of our club members," said the ex-F1 champion.

"All club members and indeed the motorsport world owe Martin a big thank you for his efforts and we know he will continue to support the club, and especially the grand prix in the future."